89. During the period under review, the Audit and Management Consulting Division began 118 audit assignments as follows

(f) To review and approve the audit work plan of OIOS

The internal audit manual of the Audit and Management Consulting Division has been substantially revised and is undergoing further review and revision.

The Office of Audit and Performance Review has incorporated procedures in its country office audit guide to ensure that audit clauses are included in all project agreements.

2. UNDP agreed to review the audit strategy and possible changes required to financial regulation 17.2, concerning the external audit of national execution projects. The audit strategy suggested by the Board of Auditors for the 1996 audit exercise has been implemented as scheduled. The Office of Audit and Performance Review, and the Bureau for Finance and Administrative Services undertook a review of financial regulation 17.2, and concluded that no changes were required.

Provide assistance to the Management Review Unit on audit observations

The Director of the Office of Audit and Performance Review has been made directly responsible for ensuring that this is done, thus strengthening the review of audit reports on nationally executed expenditure.

Furthermore, initial steps have been taken to analyse audit opinions and audit findings as to frequency and seriousness the results of the analysis will be submitted to the Management Review and Oversight Committee for review.

The Board will review the compensating measures during its next audit.

The Board plans to review this application in its next audit.

68. The Office of Audit and Performance Review (formerly the Division for Audit and Management Review) has devoted significant audit services and advisory efforts, commensurate with the risks inherent in computer applications. The recent addition of a staff member with extensive computer auditing skills is noteworthy in this regard.

OIOS generally includes a review of partners' activities (financial and performance) in the audit scope.

At the operational level, the Office of Audit and Performance Review has already started adopting a preliminary risk based audit planning methodology with the purpose of improving the country office audit coverage (para.

Audit of the management systems renewal project post implementation review supply module

Audit of the management systems renewal project post implementation review finance module

58. The Division for Audit and Management Review should clearly document the criteria used to select subjects proposed for review the criteria should include materiality, known and potential risks and the timelines of the proposed audit (para. 14 (c)).

Also, the Office of Audit and Performance Review has been reviewing its audit planning methodology with a view to adopting a more formal risk based approach.

The UNFPA internal audit will review and verify the data during the third quarter of 2005.

(d) To review the controls, including internal audit, and processes established to properly manage the project.

21. The Board will keep this matter under review. Chapter III Audit opinion

The standard time frame for the issuance of audit reports is to be examined as part of the review of its audit procedures.

78. The performance appraisal system shall be subject to periodic review and audit and comparative statistics should be maintained for review by the General Assembly.

The Office of Audit and Performance Review is discussing with the developer upgrading of the comprehensive audit recommendation database system to extend it to country offices and project staff.

67. The Division for Audit and Management Review should survey the risks associated with the operation of headquarters computer systems and provide audit coverage as appropriate (para. 14 (f)).

It is worth noting that even the organizations that do not have an institutionalized audit committee have set up mechanisms to review internal and external audit matters as well as progress made in implementing audit recommendations.

The audit committee Charter has been reviewed and revised in line with the United Nations governance review.

(b) Conference services, administration and oversight (regular budget extrabudgetary) produce up to 400 audit reports for programme managers during the biennium review compliance by departments and offices with audit recommendations.

65. This problem was being addressed as part of the quality service initiative of the Office of Audit and Performance Review (formerly the Division for Audit and Management Review). Improvements in the standards of working papers, reports and review were implemented in 1997. The quality service initiative promoted and ensured common understanding and joint ownership of the results whilst adhering to standards for the practice of internal audit.

Established mechanisms relating to governance include the review and approval by expert intergovernmental bodies of budgets, and their review of performance reports and external and internal audit reports.

3. The Board welcomes the implementation of the new audit strategy. However, the Office of Audit and Performance Review received insufficient audit reports for the biennium 1996 1997 and the Board comments on this in more detail in its present report.

The Office of Audit and Performance Review will continue to expedite the filling of vacancies in the Office (para. 419), align resource levels according to audit risk assessments (para.

In paragraph 313, the Board recommended that UNICEF review its internal audit procedures and work with the Audit Committee to ensure it significantly improves its report issuance lead time.

The UNHCR Internal Audit Service Office of Internal Oversight Services conducted a review of the UNHCR implementing partners' audit certification of subprojects for the year 2004.

Those steps include peer review of audit files and tasking one staff member with research into emerging best practices.

423) and plan and implement the audit of headquarters offices (para. 429), including audit coverage of the Treasury Division (para. In addition, the Office of Audit and Performance Review will leverage the newly implemented software AutoAudit and the use of a revised template of audit reports to closely monitor the timely issuance of audit reports within the standard time frame of three months (para.

70. The Division for Audit and Management Review should establish procedures to follow up on actions taken by UNDP and UNOPS in response to internal audit recommendations to demonstrate the improvements made (para. 14 (g)).

In paragraph 300, the Board recommended that UNICEF review the terms of reference of its audit committee in line with the United Nations governance review.

The Office of Audit and Performance Review of UNDP continues to follow up this matter to ensure that, for every project, either an audit is arranged or satisfactory reasons are provided for its exclusion.

Crosswalk between audit observation initiatives and audit observation

The Board will review the above mentioned policy document at its next planned audit visit to UNOPS headquarters.

During April September 2004, the Office of Internal Oversight Services conducted an audit review of the Galaxy system.

The Office identified specific risk areas by carrying out a risk management review when compiling the audit workplan.

An independent company commissioned by the Office of Audit and Performance Review has been reviewing controls and risks following the implementation of Atlas.

Audit procedures and results of the additional audit scope

64. The Division for Audit and Management Review should establish standard documentation clearly setting out the audit procedures undertaken and the findings and conclusions, and it should update its permanent files with basic information on the auditees (para. 14 (e)).